【BlockBeats】Interesting on-chain data has arrived. On December 25th, a Bitcoin whale address that had been dormant for 8 years suddenly became active, transferring 400 BTC to a major exchange in one go. Based on the current market price, this transfer is worth approximately $34.92 million.
Even more astonishing is that this long-term holder has seen a paper profit of $30.04 million since buying. With an 8-year holding period, they had hardly moved their assets until this recent market surge, when they decided to partially sell.
Operations by such large investors have always been market indicators. When whales start to become active, it often signals that they have new insights into the future trend. Whether it’s cashing out or rebalancing, the logic behind these large transactions is worth our attention.
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Ser_Liquidated
· 7h ago
Haven't moved in 8 years? This guy must be very patient. I need to learn from this patience.
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NightAirdropper
· 7h ago
Holding onto 30 million for 8 years, this guy must have incredible patience. I myself have been holding for 8 months and already want to sell off.
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MemeTokenGenius
· 8h ago
Haven't moved in 8 years, and this time I suddenly drop 400 units all at once. Really need to be cautious.
Bitcoin whale that has been dormant for 8 years awakens: 400 BTC entered, earning $30 million in profit
【BlockBeats】Interesting on-chain data has arrived. On December 25th, a Bitcoin whale address that had been dormant for 8 years suddenly became active, transferring 400 BTC to a major exchange in one go. Based on the current market price, this transfer is worth approximately $34.92 million.
Even more astonishing is that this long-term holder has seen a paper profit of $30.04 million since buying. With an 8-year holding period, they had hardly moved their assets until this recent market surge, when they decided to partially sell.
Operations by such large investors have always been market indicators. When whales start to become active, it often signals that they have new insights into the future trend. Whether it’s cashing out or rebalancing, the logic behind these large transactions is worth our attention.